BitGive — the globe’s first bitcoin-based 501(c)(3) nonprofit — has joined hands with the University of Edinburgh to research and examine the effects of digital currencies on both national and international charities. Both organizations are seeking to develop a stronger, more organized system for allowing charities to accept virtual currency donations.

BitGive previously made headlines in October 2017 when it launched its new GiveTrack platform, which uses blockchain technology to clarify and record digital asset donations to global charities. Individuals can trace their funds in real time, and see how their money is spent once an organization receives it. They are also informed of the charity’s project results, creating direct engagement between the donor and the receiver. Read more...

Despite most of the recent Bitcoin news being primarily dominated by BitLicense regulatory woes and tribulations, there is some other news to report as well. Unfortunately, not all of that news is positive, as online Bitcoin wallet provider 37Coins has shut its doors for good. Traditional issues, such as funding and overseas issues, are the alleged causes for this decision.

37Coins: Text Messaging To Transfer Funds Not As Lucrative As Expected

Making a third-party Bitcoin wallet service stand out among all of the other options is not an easy feat these days. Most Bitcoin users will stick to a select circle of preferred applications, whether it is on mobile or on computer. 37Coins had a great solution to tackle this problem head-on though: a hybrid system of text messaging and Bitcoin transfers. Read more...

Bitcoin has been breaking ground in the world of charity, as several charitable organisations are directly accepting Bitcoin donations. ChangeTip, a Bitcoin microtipping company, is looking to explore that avenue of opportunity by letting tippees direct their tips to charitable causes. So far, ChangeTip has partnered with the BitGive Foundation, with additional functionality and development to follow over the next few months.

The decision to explore a way to integrate microtipping with charitable causes sprouted from an interview with ChangeTip CEO Nick Sullivan in December of 2014. Bitcoin donations are an excellent way to do a good deed and raise bitcoin awareness at the same time, so it only makes sense to see one of the more popular Bitcoin companies work on a feature to unite both causes.Read more...

(SACRAMENTO – August 25, 2014) – BitPay, Xapo, LibraTax, Roger Ver and others are kicking off an initial fundraising campaign that begins today for the BitGive Foundation. BitGive has received its official 501 (c) (3) status from the IRS, a major achievement that validates BitGive’s approach and efforts. They are raising initial funds to build their long term fund for charitable giving. BitGive is the first Bitcoin nonprofit organization to receive a 501 (c) (3) approval. In just over a year since its founding, the BitGive Foundation has raised funds and lead campaigns donating to several public health and environmental causes.Read more...